Exhibit 13

|INTERNATIONAL
ALUMINUM
CORPORATION |  |                   
|---------------------------------- |  | ------------------
|                                   |  | 2001 Annual Report

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COMPANY PROFILE

INTERNATIONAL ALUMINUM CORPORATIONis an integrated building products manufacturer of diversified lines of quality aluminum, vinyl, and wood products.
The Company is headquartered in Monterey Park, California and has approximately 1,750 employees. Operations are conducted through fourteen North American subsidiaries. The Company's primary internet
website is located at www.intlalum.com.

PRODUCTS BY SEGMENT

COMMERCIALCurtain walls, window walls, slope glazed systems, storefront framing, entrance doors and frames, interior officefronts, office
partitions and interior doors and frames for the commercial building and tenant improvement markets. Product information is available at www.usalum.com.

RESIDENTIALExpansive lines of windows and patio doors manufactured from vinyl, aluminum or wood, in addition to aluminum tub and shower
enclosures and wardrobe mirror doors, for the residential building and remodeling markets. Product information is available at www.intlwindow.com.

ALUMINUM EXTRUSIONMill finish, anodized, painted and fabricated aluminum extrusions. Product information is available at
www.intlextrusion.com.

CONTENTS

|                                                                                      |  | Page
|------------------------------------------------------------------------------------- |  | ----
|Financial Highlights                                                                  |  | 1   
|Letter to Shareholders                                                                |  | 2   
|Selected Financial Data                                                               |  | 4   
|Management's Discussion and Analysis of Financial Condition and Results of Operations |  | 5   
|Quarterly Financial Data                                                              |  | 8   
|Report of Independent Accountants                                                     |  | 9   
|Consolidated Financial Statements                                                     |  | 10  
|Notes to Consolidated Financial Statements                                            |  | 14  
|Corporate Information                                                                 |  | 20  
|Subsidiaries by Segment                                                               |  | 21  

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FINANCIAL HIGHLIGHTS

Fiscal Years Ended June 30, 2001, 2000 and 1999

|                   |                                             | 2001 |   | 2000        |  | 1999
|------------------ | ------------------------------------------- | ---- | - | ----------- |  | ----
|Operating Results: |                                             |      |   |             |  |     
|                   | Net sales                                   |      | $ | 212,895,000 |  | $   
|                   | Income from operations                      |      |   | 7,198,000   |  |     
|                   | Net income                                  |      |   | 4,634,000   |  |     
|Financial Data:    |                                             |      |   |             |  |     
|                   | Net cash provided by operating activities   |      | $ | 23,151,000  |  | $   
|                   | Capital expenditures including acquisitions |      |   | 7,749,000   |  |     
|                   | Working capital                             |      |   | 66,097,000  |  |     
|                   | Long-term debt                              |      |   | 0           |  |     
|                   | Shareholders' equity                        |      |   | 123,755,000 |  |     
|Per Share Data:    |                                             |      |   |             |  |     
|                   | Net incomeDiluted                          |      | $ | 1.09        |  | $   
|                   | Dividends declared                          |      |   | 1.20        |  |     
|                   | Book value at yearend                       |      |   | 29.15       |  |     
|                   | Market price at yearend                     |      |   | 21.15       |  |     

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TO OUR SHAREHOLDERS:

On
a 3.3% decline in revenues, net income from continuing operations increased nearly threefold. While net margins are not yet at acceptable levels, we are encouraged by the progress made during
fiscal 2001. Net income from continuing operations increased to $4,634,000 or $1.09 per share, up 269% from $1,254,000 or $.29 per share in fiscal 2000. Other significant financial results for fiscal
2001 include:



Residential Products

Our
Residential Products Group faced many unexpected challenges during fiscal 2001. We entered the year on an up note and with a quite optimistic outlook. Unexpectedly, Home Base, our largest customer
and with whom we had shared a successful relationship for many years, announced the closure of all its stores. The closure of this home improvement chain, to which we supplied product to approximately
80 stores and which accounted for close to 10% of our residential products net sales in fiscal 2000, adversely affected all our residential operations. However, through expanded marketing
efforts, nearly all this volume had been replaced by yearend. Most of our demand in the California market is derived from the retrofit-remodeling market. This segment of the market seems to have
suffered most from the slowdown in the economy and the accompanying drop in consumer confidence. During the year, we intentionally shrank the size of the market area of our wood window and door
subsidiary. We found it not to be cost effective to continue to ship these products into Northern California and Arizona. Not only were delivery and transport costs excessive but the
after-sale service area grew beyond a manageable size. The decline in wood products sales accounted for essentially 100% of the residential products revenue decline. With our highly
resourceful management team, we are committed to maintaining excellent service to our customers.

Commercial Products

While
net sales for this product segment increased only 2% for the year, net income increased 52%. Sales of our engineered products, typically exterior glazing systems for buildings 3 to 20 stories
tall, had been stagnant for two years. The loss of key personnel and the delivery problems experienced in fiscal 2000 seriously hampered this portion of our business. With many of our experienced
personnel back on board and with excellent service from our extrusion facilities, we anticipate rekindled growth in engineered products. We currently have Engineered Products teams in place at both
our California and Texas facilities. Upon completion, Engineered Products will be added at the new Ontario, Canada facility. With regards to the Ontario facility, after several attempts at locating a
suitable land site, we have acquired a parcel in Guelph (a suburb of Toronto), Ontario and construction of a 70,000 sq. foot facility is now underway, with completion anticipated in late calendar
2001. The facility, with full fabrication capability and a horizontal paint line, will service the greater Toronto area as well as the upper Midwest and Northeastern U.S. market.

We
continue to press our engineering staff to keep us at the forefront of new product development. Testing of a new curtainwall system has been completed and product literature is being added to all
our catalogs. Originally designed for the Canadian market, this system has sparked considerable interest in

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the U.S. market and will thus be offered throughout North America. We will soon be offering impact products for the Gulf Coast states and are in the early design stages on a unitized curtainwall
system.

Extruded Products

The
West Coast energy crisis, including a significant upward spike in natural gas prices, and the general slowdown in the nationwide economy did not bode well for our extrusion operations in fiscal
2001. Net tonnage shipped, including shipments to related companies, declined 9% from fiscal 2000 and were down 25% from fiscal 1999. We intend to increase our market share by offering a quality
product with on time delivery at a competitive price. This has been our focus in fiscal 2001 and will remain so in fiscal 2002.

As
was commented on last year at this time, we cannot let the mistakes of the past impede us in undertaking modernization projects necessary to keep us competitive in the future. During the year,
without restricting our ability to meet customer demands, we successfully completed the overhaul of one of the five extrusion presses at our Alhambra facility. Currently scheduled are the
reconditioning of two additional presses in fiscal 2002, one to be completed in late fall and the other in early calendar 2002. To meet ever tightening environmental standards and with rapidly
escalating energy costs, during fiscal 2001 we successfully completed a major rework of our Alhambra remelt casthouse. We are now positioned to cast higher quality billet at reduced energy cost while
at the same time meeting stringent emission standards.

Our
management teams have demonstrated their ability to weather adverse market conditions. We intend to concentrate on the execution of our core competencies while remaining steadfast in our goal of
improving shareholder value.

|Cornelius C. Vanderstar
Chairman Of The Board
Chief Executive Officer |  | David C. Treinen
President
Chief Operating Officer
|--------------------------------------------------------------------- |  | --------------------------------------------------

August 31,
2001

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SELECTED FINANCIAL DATA

|Year Ended June 30        |                               | 2001            |   | 2000        |             | 1999 |             | 1998        |   | 1997       
|------------------------- | ----------------------------- | --------------- | - | ----------- | ----------- | ---- | ----------- | ----------- | - | -----------
|Sales by segment          |                               |                 |   |             |             |      |             |             |   |            
|                          | Commercial                    |                 | $ | 114,436,000 |             | $    | 112,522,000 |             | $ | 124,839,000
|                          | Residential                   |                 |   | 58,374,000  |             |      | 60,967,000  |             |   | 53,045,000 
|                          | Aluminum Extrusion            |                 |   | 40,085,000  |             |      | 46,686,000  |             |   | 56,417,000 
|                          |                               |                 |   |             |             |      |             |             |   |            
|                          |                               | Total net sales |   | $           | 212,895,000 |      | $           | 220,175,000 |   | $          
|                          |                               |                 |   |             |             |      |             |             |   |            
|Earnings                  |                               |                 |   |             |             |      |             |             |   |            
|                          | Gross profit                  |                 | $ | 40,287,000  |             | $    | 40,300,000  |             | $ | 53,900,000 
|                          | Continuing operations         |                 |   | 4,634,000   |             |      | 1,254,000   |             |   | 10,422,000 
|                          | Net income                    |                 |   | 4,634,000   |             |      | 1,579,000   |             |   | 10,339,000 
|                          | Per share:                    |                 |   |             |             |      |             |             |   |            
|                          | Continuing operationsDiluted |                 | $ | 1.09        |             | $    | .29         |             | $ | 2.43       
|                          | Net income-Diluted            |                 |   | 1.09        |             |      | .37         |             |   | 2.41       
|                          | Dividends declared            |                 |   | 1.20        |             |      | 1.20        |             |   | 1.20       
|Financial Data at Yearend |                               |                 |   |             |             |      |             |             |   |            
|                          | Working capital               |                 | $ | 66,097,000  |             | $    | 63,586,000  |             | $ | 69,030,000 
|                          | Total assets                  |                 |   | 148,070,000 |             |      | 154,585,000 |             |   | 153,693,000
|                          | Long-term debt                |                 |   | 0           |             |      | 0           |             |   | 0          
|                          | Shareholders' equity          |                 |   | 123,755,000 |             |      | 124,326,000 |             |   | 128,701,000

Prior
year amounts for Sales and Gross Profit reflect reclassification of shipping and handling fees and costs as required by the adoption of EITF 00-10. See Current and Pending
Accounting Changes on page 6 for more information.

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MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Significant Changes in Results of Operations

2001 vs. 2000

Net
sales for fiscal 2001 decreased by $7,280,000 or 3.3% from net sales of fiscal 2000. Included is a $6,601,000 or 14.1% decrease by the Aluminum Extrusion Group, which continues its marketing
efforts to regain customer confidence, which had been eroded as a result of last year's severe operational problems. Also included is a $2,593,000 or 4.3% decrease in sales of residential products
resulting from management's decision to shrink the marketing area of our wood products subsidiary. This reduction in market area was undertaken to improve on-time delivery and bring the
after-sale service area to a manageable size. Also a factor was the closure of the Home Base stores, a large chain of big box stores, to which we provided product to approximately 80
stores in their Western region. Through increased marketing efforts most of this volume had been replaced by yearend. Partially offsetting the decreases is a $1,914,000 or 1.7% increase in commercial
products largely reflecting the full year contribution of our Ontario, Canada facility purchased in March 2000.

Gross
profit increased to 18.9% of sales in 2001 as compared to 18.3% in 2000. Contributing to the increase are reduced costs at our extrusion operations reflecting the continuing recovery from the
prior year's severe operational problems. As a group they achieved an 18% increase in shipments per man-hour in spite of an 8.7% decrease in total pounds shipped during the year. Somewhat
offsetting these savings were higher production costs incurred by our Residential Group.

Selling,
general and administrative expenses decreased by $4,862,000 or 12.8% from the prior year. The decreased expenses are primarily attributable to lower employment costs directly related to the
aforementioned decrease in sales coupled with the prior year containing nonrecurring costs associated with realigning operating group management teams.

The
decrease in net interest expense relates to increased funds available for investment during the year. Prior year net interest expense reflected credit line utilization, repaid during the
September 2000 quarter, to fund heavy capital expenditures and increases in raw material inventories.

2000 vs. 1999

Net
sales for fiscal 2000 decreased by $14,126,000 or 6.0% from net sales of fiscal 1999. Included is a $12,317,000 or 9.9% decrease in sales of commercial products primarily resulting from an
inadequate supply of raw materials from our aluminum extrusion operations. Also included is a $9,731,000 or 17.2% decrease by the Aluminum Extrusion Group primarily resulting from lower production due
to extended downtime during equipment upgrades and the problems encountered in the implementation of continuous flow manufacturing. Partially offsetting these is a $7,922,000 or 15.0% increase in
residential products sales reflecting the strong market for these products.

Gross
profit decreased to 18.3% of sales in 2000 as compared to 23.0% in 1999. The decrease is primarily attributable to higher material, labor and overhead expenses incurred in our extrusion
operations resulting from downtime and inefficiencies associated with retraining personnel for the aforementioned conversion to continuous flow manufacturing.

Selling,
general and administrative expenses increased by $314,000 or 0.1% from the prior year. Decreased continuing expenses to support the lower sales volume were offset by additional compensation,
recruiting, relocation and severance costs associated with realigning operating group management teams.

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The swing from net interest income in the prior year to net interest expense in the current year relates to the depletion of funds available for investment due primarily to heavy capital expenditures
and increases in raw material inventories.

The
gain on disposition of discontinued operations relates to the sale of most of the operating assets of the glass segment. Information related to this sale is included in Note 9.

Liquidity and Capital Resources

Working
capital at June 30, 2001 was $66,097,000 compared to $63,586,000 at June 30, 2000 and $69,030,000 at June 30, 1999. The ratio of current assets to current liabilities was
4.4 at the end of 2001 compared to 3.5 at the end of 2000 and 4.4 at the end of 1999. The Company continues to be in excellent position to meet its short-term operating and discretionary
cash requirements. Funds in excess of current operating requirements are invested in short-term interest-bearing instruments.

Capital
expenditures for property, plant and equipment of approximately $7,749,000 in 2001, $9,031,000 in 2000 and $15,059,000 in 1999 were financed through internal cash flow, cash reserves and
utilization of the lines of credit. Cash flows for fiscal 2001 include proceeds of $3,060,000 for sale of an excess facility. Additional cash flows include the fiscal year 2000 expenditure of
$1,222,000 for an acquisition and the receipt of $3,921,000 from the sale of operating assets of the glass segment (see Note 9) and the fiscal year 1999 expenditure of $1,300,000 for an
acquisition. The Company projects net capital expenditures of $13,000,000 for fiscal 2002. These expenditures are for expansion of production capacity as well as normal recurring capitalized
replacement items. The Company anticipates financing these expenditures through internal cash flow, cash reserves and the utilization of its line of credit.

The
Company had $20,000,000 in available credit at the end of 2001 under a short-term borrowing arrangement with a domestic bank.

The
Company's financial condition remains strong. The Company believes that its cash, other liquid assets, operating cash flows and borrowing capacity, taken together, provide more than adequate
resources to fund ongoing operating requirements and future capital expenditures related to the expansion of existing businesses.

Current and Pending Accounting Changes

The
Emerging Issues Task Force (EITF) issued Number 00-10 (EITF 00-10) "Accounting for Shipping and Handling Fees and Costs", which the Company was required to adopt this year.
In preparing the financial statements for the current year, the Company has applied the provisions of EITF 00-10 for all
periods presented. Under the new requirements, shipping and handling charges incurred by the Company, which previously were included in Selling, General and Administrative expenses, are included in
Costs of Sales. Shipping charges billed to customers, which previously were included as an offset to the Selling, General and Administrative expenses, are included in Net Sales.

In
July 2001, the Financial Accounting Standards Board (FASB) issued Statement No. 141 (SFAS 141) "Business Combinations" and Statement No. 142 (SFAS 142) "Goodwill
and Other Intangible Assets". SFAS 141 requires that all future business combinations be accounted for under the purchase method. Management believes that SFAS 141 will not have a
material effect on the Company's consolidated financial position or results of operations. SFAS 142 requires that goodwill no longer be amortized to earnings, but instead be reviewed for
impairment. The Company will adopt SFAS 142 effective July 1, 2001. Management estimates that this adoption will contribute approximately $570,000 to consolidated pre-tax
earnings in fiscal 2002.

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Forward-Looking Information

This
annual report contains forward-looking statements with respect to the financial condition, results of operations and business of the Company. Such items are subject to certain risks and
uncertainties that could cause actual results to differ materially from those set forth in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which
speak only as of the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.

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QUARTERLY FINANCIAL DATA (UNAUDITED)

For the years ended June 30, 2001 and 2000

|                                     |  | First
Quarter |            | Second
Quarter |   | Third
Quarter |   | Fourth
Quarter
|------------------------------------ |  | ------------- | ---------- | -------------- | - | ------------- | - | --------------
|2001                                 |  |               |            |                |   |               |   |               
|Net sales                            |  | $             | 54,897,000 |                | $ | 53,594,000    |   | $             
|Gross profit                         |  |               | 10,302,000 |                |   | 10,682,000    |   |               
|Net income                           |  |               | 1,533,000  |                |   | 1,733,000     |   |               
|Earnings per shareBasic and Diluted |  |               | .36        |                |   | .41           |   |               
|Dividends declared                   |  |               | .30        |                |   | .30           |   |               
|Stock priceHigh                     |  |               | 18.44      |                |   | 21.19         |   |               
|Stock priceLow                      |  |               | 16.69      |                |   | 14.81         |   |               
|2000                                 |  |               |            |                |   |               |   |               
|Net sales                            |  | $             | 59,991,000 |                | $ | 52,328,000    |   | $             
|Gross profit                         |  |               | 13,567,000 |                |   | 8,381,000     |   |               
|Net income                           |  |               | 1,972,000  |                |   | (348,000      | ) |               
|Earnings per shareBasic and Diluted |  |               | .46        |                |   | (.08          | ) |               
|Dividends declared                   |  |               | .30        |                |   | .30           |   |               
|Stock priceHigh                     |  |               | 27.88      |                |   | 27.56         |   |               
|Stock priceLow                      |  |               | 27.38      |                |   | 23.38         |   |               

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REPORT OF INDEPENDENT ACCOUNTANTS

To
the Board of Directors and Shareholders of International Aluminum Corporation

In
our opinion, the accompanying consolidated balance sheets and the related consolidated statements of income, cash flows and shareholders' equity present fairly, in all material respects, the
financial position of International Aluminum Corporation and its subsidiaries at June 30, 2001 and 2000, and the results of their operations and their cash flows for each of the three years in
the period ended June 30, 2001, in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of the Company's
management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with auditing standards generally
accepted in the United States of America, which require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by
management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

PricewaterhouseCoopers
LLP
Los Angeles, California
August 21, 2001

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CONSOLIDATED STATEMENTS OF INCOME

For the years ended June 30, 2001, 2000 and 1999

|                                               |                                                       | 2001  |             | 2000       |      | 1999        |           
|---------------------------------------------- | ----------------------------------------------------- | ----- | ----------- | ---------- | ---- | ----------- | ----------
|Net sales                                      |                                                       | $     | 212,895,000 |            | $    | 220,175,000 |           
|Cost of sales                                  |                                                       |       | 172,608,000 |            |      | 179,875,000 |           
|                                               |                                                       |       |             |            |      |             |           
|                                               | Gross profit                                          |       |             | 40,287,000 |      |             | 40,300,000
|Selling, general and administrative expenses   |                                                       |       | 33,089,000  |            |      | 37,951,000  |           
|                                               |                                                       |       |             |            |      |             |           
|                                               | Income from operations                                |       |             | 7,198,000  |      |             | 2,349,000 
|Interest income                                |                                                       |       | 71,000      |            |      | 3,000       |           
|Interest expense                               |                                                       |       | (155,000    | )          |      | (428,000    | )         
|                                               |                                                       |       |             |            |      |             |           
|                                               | Income from continuing operations before income taxes |       |             | 7,114,000  |      |             | 1,924,000 
|Provision for income taxes                     |                                                       |       | 2,480,000   |            |      | 670,000     |           
|                                               |                                                       |       |             |            |      |             |           
|                                               | Income from continuing operations                     |       |             | 4,634,000  |      |             | 1,254,000 
|Loss from discontinued operations              |                                                       |       |            |            |      | (52,000     | )         
|Gain on disposition of discontinued operations |                                                       |       |            |            |      | 377,000     |           
|                                               |                                                       |       |             |            |      |             |           
|Net income                                     |                                                       | $     | 4,634,000   |            | $    | 1,579,000   |           
|                                               |                                                       |       |             |            |      |             |           
|Earnings per shareBasic and Diluted:          |                                                       |       |             |            |      |             |           
|                                               | Continuing operations                                 |       | $           | 1.09       |      | $           | .29       
|                                               | Discontinued operations                               |       |             |           |      |             | .08       
|                                               |                                                       |       |             |            |      |             |           
|                                               |                                                       | Total |             | $          | 1.09 |             | $         
|                                               |                                                       |       |             |            |      |             |           

See
accompanying notes to consolidated financial statements.

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CONSOLIDATED BALANCE SHEETS

June 30, 2001 and 2000

|                                       |                                                                                | 2001                              |             | 2000        |            
|-------------------------------------- | ------------------------------------------------------------------------------ | --------------------------------- | ----------- | ----------- | -----------
|Assets                                 |                                                                                |                                   |             |             |            
|Current assets:                        |                                                                                |                                   |             |             |            
|                                       | Cash and cash equivalents                                                      |                                   | $           | 5,915,000   |            
|                                       | Accounts receivable, less reserve of $775,000 in 2001
    and $730,000 in 2000 |                                   |             | 37,711,000  |            
|                                       | Inventories                                                                    |                                   |             | 37,731,000  |            
|                                       | Prepaid expenses and deposits                                                  |                                   |             | 2,597,000   |            
|                                       | Future income tax benefits                                                     |                                   |             | 1,406,000   |            
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | Total current assets              |             |             | 85,360,000 
|                                       |                                                                                |                                   |             |             |            
|Property, plant and equipment, at cost |                                                                                |                                   | 114,693,000 |             |            
|Accumulated depreciation               |                                                                                |                                   | (61,145,000 | )           |            
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | Net property, plant and equipment |             |             | 53,548,000 
|                                       |                                                                                |                                   |             |             |            
|Other assets:                          |                                                                                |                                   |             |             |            
|                                       | Costs in excess of net assets of purchased businesses                          |                                   |             | 8,966,000   |            
|                                       | Other                                                                          |                                   |             | 196,000     |            
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | Total other assets                |             |             | 9,162,000  
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | $                                 | 148,070,000 |             | $          
|                                       |                                                                                |                                   |             |             |            
|Liabilities and Shareholders' Equity   |                                                                                |                                   |             |             |            
|Current liabilities:                   |                                                                                |                                   |             |             |            
|                                       | Accounts payable                                                               |                                   | $           | 9,235,000   |            
|                                       | Accrued liabilities                                                            |                                   |             | 9,347,000   |            
|                                       | Advances payable to banks                                                      |                                   |             | 165,000     |            
|                                       | Income taxes payable                                                           |                                   |             | 516,000     |            
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | Total current liabilities         |             |             | 19,263,000 
|                                       |                                                                                |                                   |             |             |            
|Deferred income taxes                  |                                                                                |                                   | 5,052,000   |             |            
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | Total liabilities                 |             |             | 24,315,000 
|                                       |                                                                                |                                   |             |             |            
|Commitments (Note 5)                   |                                                                                |                                   |             |             |            
|Shareholders' equity:                  |                                                                                |                                   |             |             |            
|                                       | Common stock                                                                   |                                   |             | 4,765,000   |            
|                                       | Paid-in capital                                                                |                                   |             | 4,123,000   |            
|                                       | Retained earnings                                                              |                                   |             | 115,018,000 |            
|                                       | Accumulated other comprehensive income                                         |                                   |             | (151,000    | )          
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | Total shareholders' equity        |             |             | 123,755,000
|                                       |                                                                                |                                   |             |             |            
|                                       |                                                                                | $                                 | 148,070,000 |             | $          
|                                       |                                                                                |                                   |             |             |            

See
accompanying notes to consolidated financial statements.

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CONSOLIDATED STATEMENTS OF CASH FLOWS

For the years ended June 30, 2001, 2000 and 1999

|                                               |                                          | 2001                                                |           | 2000       |             | 1999      |           
|---------------------------------------------- | ---------------------------------------- | --------------------------------------------------- | --------- | ---------- | ----------- | --------- | ----------
|Cash flows from operating activities:          |                                          |                                                     |           |            |             |           |           
|                                               | Net income                               |                                                     | $         | 4,634,000  |             | $         | 1,579,000 
|                                               | Adjustments for noncash transactions:    |                                                     |           |            |             |           |           
|                                               |                                          | Depreciation and amortization                       |           |            | 7,507,000   |           |           
|                                               |                                          | Change in deferred income taxes                     |           |            | 174,000     |           |           
|                                               |                                          | Gain on disposition of businesses                   |           |            |            |           |           
|                                               |                                          | Gain on sale of fixed assets                        |           |            | (390,000    | )         |           
|                                               | Changes in assets and liabilities:       |                                                     |           |            |             |           |           
|                                               |                                          | Receivables                                         |           |            | 2,260,000   |           |           
|                                               |                                          | Inventories                                         |           |            | 5,653,000   |           |           
|                                               |                                          | Prepaid expenses and other                          |           |            | 419,000     |           |           
|                                               |                                          | Accounts payable                                    |           |            | 2,732,000   |           |           
|                                               |                                          | Accrued liabilities                                 |           |            | (105,000    | )         |           
|                                               |                                          | Income taxes payable                                |           |            | 267,000     |           |           
|                                               |                                          |                                                     |           |            |             |           |           
|                                               |                                          | Net cash provided by operating activities           |           |            | 23,151,000  |           |           
|                                               |                                          |                                                     |           |            |             |           |           
|Cash flows from investing activities:          |                                          |                                                     |           |            |             |           |           
|                                               | Capital expenditures                     |                                                     |           | (7,749,000 | )           |           | (9,031,000
|                                               | Proceeds from sales of capital assets    |                                                     |           | 3,234,000  |             |           | 381,000   
|                                               | Acquisition of businesses                |                                                     |           |           |             |           | (1,222,000
|                                               | Disposition of businesses                |                                                     |           |           |             |           | 3,921,000 
|                                               |                                          |                                                     |           |            |             |           |           
|                                               |                                          | Net cash used in investing activities               |           |            | (4,515,000  | )         |           
|                                               |                                          |                                                     |           |            |             |           |           
|Cash flows from financing activities:          |                                          |                                                     |           |            |             |           |           
|                                               | Dividends paid to shareholders           |                                                     |           | (5,094,000 | )           |           | (5,122,000
|                                               | Net borrowings under lines of credit     |                                                     |           | (9,305,000 | )           |           | 9,396,000 
|                                               | Common stock repurchased                 |                                                     |           |           |             |           | (775,000  
|                                               | Proceeds from exercises of stock options |                                                     |           |           |             |           |          
|                                               |                                          |                                                     |           |            |             |           |           
|                                               |                                          | Net cash provided by (used in) financing activities |           |            | (14,399,000 | )         |           
|                                               |                                          |                                                     |           |            |             |           |           
|Net change in cash and cash equivalents        |                                          |                                                     | 4,237,000 |            |             | (591,000  | )         
|Cash and cash equivalents at beginning of year |                                          |                                                     | 1,678,000 |            |             | 2,269,000 |           
|                                               |                                          |                                                     |           |            |             |           |           
|Cash and cash equivalents at end of year       |                                          | $                                                   | 5,915,000 |            | $           | 1,678,000 |           
|                                               |                                          |                                                     |           |            |             |           |           

See
accompanying notes to consolidated financial statements.

12

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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

For the years ended June 30, 2001, 2000 and 1999

|                       |                           | Common Stock               |         |   |           |       |   | Accumulated
Other
Comprehensive
Income |        |   |            
|---------------------- | ------------------------- | -------------------------- | ------- | - | --------- | ----- | - | -------------------------------------- | ------ | - | -----------
|
|
|Balance, June 30, 1998 |                           | 4,290,494                  |         | $ | 4,764,000 |       | $ | 4,087,000                              |        | $ | 114,608,000
|                       | Net income                |                            |         |   |           |       |   |                                        |        |   |            
|                       | Translation adjustment    |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           | Total comprehensive income |         |   |           |       |   |                                        |        |   |            
|                       | Exercise of stock options |                            | 1,300   |   |           | 1,000 |   |                                        | 36,000 |   |            
|                       | Cash dividends            |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            
|Balance, June 30, 1999 |                           | 4,291,794                  |         |   | 4,765,000 |       |   | 4,123,000                              |        |   | 119,796,000
|                       | Net income                |                            |         |   |           |       |   |                                        |        |   |            
|                       | Translation adjustment    |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           | Total comprehensive income |         |   |           |       |   |                                        |        |   |            
|                       | Repurchase of stock       |                            | (47,000 | ) |           |       |   |                                        |        |   |            
|                       | Cash dividends            |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            
|Balance, June 30, 2000 |                           | 4,244,794                  |         |   | 4,765,000 |       |   | 4,123,000                              |        |   | 115,478,000
|                       | Net income                |                            |         |   |           |       |   |                                        |        |   |            
|                       | Translation adjustment    |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           | Total comprehensive income |         |   |           |       |   |                                        |        |   |            
|                       | Cash dividends            |                            |         |   |           |       |   |                                        |        |   |            
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            
|Balance, June 30, 2001 |                           | 4,244,794                  |         | $ | 4,765,000 |       | $ | 4,123,000                              |        | $ | 115,018,000
|                       |                           |                            |         |   |           |       |   |                                        |        |   |            

See
accompanying notes to consolidated financial statements.

13

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1. Significant Accounting Policies and Procedures

Principles of Consolidation

The
consolidated financial statements include the accounts of International Aluminum Corporation (the Company) and its domestic and foreign subsidiaries. All significant intercompany transactions and
accounts have been eliminated in consolidation. Certain reclassifications of prior year information were made to conform to the current presentation.

Estimates and Assumptions

The
preparation of the consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts
reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Cash and Cash Equivalents

Cash
and cash equivalents include cash on hand and marketable securities with original maturities of three months or less.

Foreign Currency Translation

Assets
and liabilities of the Company's foreign subsidiaries are translated into U.S. dollars at year-end exchange rates and revenues and expenses are translated at average rates
prevailing during the year. Local currency is considered to be the functional currency. Translation adjustments are deferred into accumulated other comprehensive income, a separate component of
shareholders' equity. Foreign currency transaction gains and losses are included in results of operations as incurred.

Depreciation and Amortization

Depreciation
and amortization are provided over the estimated useful lives of the assets or the remaining terms of the leases, whichever is shorter, using the straight-line method for
financial reporting purposes and accelerated methods for tax purposes.

The
excess of the purchase price over the underlying book value of the companies acquired is classified as "Costs in excess of net assets of purchased businesses". The related amount of $12,655,000 is
being amortized using the straight-line method over periods of up to forty years. Accumulated amortization totaled $3,689,000 at June 30, 2001 and $3,122,000 at June 30,
2000.

Long-Lived Assets

Whenever
events indicate that the carrying values of long-lived assets including any related goodwill may not be recoverable, the Company evaluates the carrying values of such assets using
future undiscounted cash flows. Management believes that, as of June 30, 2001, the carrying values of such assets are appropriate.

Shipping and Handling Fees and Costs

During
the fiscal year ended June 30, 2001 the Company adopted EITF 00-10, "Accounting for Shipping and Handling Fees and Costs." Accordingly, shipping and handling charges incurred
by the Company are included in Cost of Sales and shipping charges billed to customers are included in Net Sales. Prior year information was reclassified to conform to the current presentation.

14

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Note 2. Balance Sheet Components

|Inventories, at the Lower of FIFO Cost or Market |  | 2001 |            | 2000
|------------------------------------------------ |  | ---- | ---------- | ----
|Raw materials                                    |  | $    | 32,153,000 |     
|Work in process                                  |  |      | 1,332,000  |     
|Finished goods                                   |  |      | 4,246,000  |     
|                                                 |  |      |            |     
|                                                 |  | $    | 37,731,000 |     
|                                                 |  |      |            |     

|Property, Plant and Equipment, at Cost |  | 2001 |             | 2000
|-------------------------------------- |  | ---- | ----------- | ----
|Land                                   |  | $    | 7,738,000   |     
|Buildings and improvements             |  |      | 29,149,000  |     
|Machinery and equipment                |  |      | 76,463,000  |     
|Construction in process                |  |      | 1,343,000   |     
|                                       |  |      |             |     
|                                       |  | $    | 114,693,000 |     
|                                       |  |      |             |     

|Accrued Liabilities            |  | 2001 |           | 2000
|------------------------------ |  | ---- | --------- | ----
|Wages and compensated absences |  | $    | 4,246,000 |     
|Taxes, other than income taxes |  |      | 1,678,000 |     
|Dividends                      |  |      | 1,273,000 |     
|Other                          |  |      | 2,150,000 |     
|                               |  |      |           |     
|                               |  | $    | 9,347,000 |     
|                               |  |      |           |     

Note 3. Statement of Cash Flows

Cash
payments for interest were $242,000 in 2001, $513,000 in 2000 and $132,000 in 1999. Cash payments for income taxes were $1,841,000 in 2001, $2,129,000 in 2000 and $6,701,000 in 1999.

Note 4. Short-Term Debt and Lines of Credit

The
Company has a loan agreement with a domestic bank providing for a $20,000,000 unsecured short-term line of credit at 55 basis points below the prevailing prime interest rate
(6.20 percent at June 30, 2001 and 8.95 percent at June 30, 2000). There was no amount outstanding under the agreement at June 30, 2001. There was $9,000,000
outstanding under the agreement at June 30, 2000.

Note 5. Commitments

The
Company is committed under real property lease agreements expiring at various dates to 2004. Certain of the leases have renewal options for periods up to five years and others provide for rent
revisions at various dates. Under the leases the Company is obligated to pay property taxes, insurance and maintenance. All facility leases are classified as operating leases.

Real
property rental expense was $1,065,000 in 2001, $1,125,000 in 2000 and $1,178,000 in 1999. Real property rental commitments are $917,000 in 2002, $655,000 in 2003 and $380,000 in 2004.

Note 6. Capital Stock

The
Company has 500,000 shares of preferred stock authorized, with a $10 par value, of which none is outstanding. There are 10,000,000 shares of common stock authorized, $1 par value, of which there
were 4,244,794 shares outstanding at June 30, 2001 and 2000.

15

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Note 7. Stock Options

The
Company grants stock options for the purchase of common stock to certain executive and managerial employees under the Company's 1991 Stock Option Plan. Options have an exercise price equal to the
market price of the stock on the date of grant, a term of ten years and generally become exercisable over a five-year period. The Company applies APB Opinion 25 and related Interpretations
in accounting for the plan, accordingly, no compensation cost has been recognized for those stock options. There would have been no material change in reported net income and earnings per share had
compensation cost been determined based on the fair value at the grant dates as prescribed by SFAS 123, "Accounting for Stock-Based Compensation". The transactions for shares under options for
the three years ended June 30, 2001 were:

|                                       |  | Outstanding |   | Exercisable
|-------------------------------------- |  | ----------- | - | -----------
|
|Outstanding, June 30, 1998             |  | 248,000     |   | $          
|Exercised                              |  | (1,300      | ) |            
|Forfeited                              |  | (31,500     | ) |            
|                                       |  |             |   |            
|Outstanding, June 30, 1999             |  | 215,200     |   |            
|Forfeited                              |  | (67,500     | ) |            
|                                       |  |             |   |            
|Outstanding, June 30, 2000             |  | 147,700     |   |            
|Forfeited                              |  | (27,200     | ) |            
|                                       |  |             |   |            
|Outstanding, June 30, 2001             |  | 120,500     |   |            
|                                       |  |             |   |            
|Stock Option Summary at June 30, 2001: |  |             |   |            
|$28.00-$31.56 (Life: 4.4-6.6 years)    |  | 120,500     |   |            
|Available for future grants            |  | 377,200     |   |            

Note 8. Earnings Per Share

Basic
earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted earnings per share is computed by dividing net income by the
weighted average common and potentially dilutive common equivalent shares outstanding determined as follows:

|                                                               |  | 2001      |  | 2000      |  | 1999     
|-------------------------------------------------------------- |  | --------- |  | --------- |  | ---------
|Weighted average shares outstanding used to compute basic EPS  |  | 4,244,794 |  | 4,277,332 |  | 4,291,479
|Incremental shares issuable upon the exercise of stock options |  |          |  |          |  | 4,186    
|                                                               |  |           |  |           |  |          
|Shares used to compute diluted EPS                             |  | 4,244,794 |  | 4,277,332 |  | 4,295,665
|                                                               |  |           |  |           |  |          

Incremental
shares issuable upon the assumed exercise of outstanding stock options are computed using the average market price during the related period.

Note 9. Acquisitions and Divestitures

During
the second quarter of the prior year, the Company sold most all of the operating assets of its Glass segment, excluding land and buildings, for $3,921,000. The land and buildings were leased to
the buyer. The Glass segment is accounted for as a discontinued operation, and accordingly, amounts in the income statements and related notes for all periods shown have been restated to reflect
discontinued operations accounting. Summarized results of the discontinued businesses are shown separately as

16

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discontinued operations in the accompanying income statements. Operating results of the discontinued segment, in thousands of dollars, are as follows:

|                                                                               |                                                | 2000 |       | 1999 |  
|------------------------------------------------------------------------------ | ---------------------------------------------- | ---- | ----- | ---- | -
|Net sales                                                                      |                                                | $    | 6,760 |      | $
|Loss before income taxes                                                       |                                                | $    | (82   | )    | $
|Income tax benefit                                                             |                                                |      | (30   | )    |  
|                                                                               |                                                |      |       |      |  
|Loss from discontinued operations                                              |                                                |      | (52   | )    |  
|Gain on disposition of discontinued operations, net of $210 income tax expense |                                                |      | 377   |      |  
|                                                                               |                                                |      |       |      |  
|Net income (loss) from discontinued segment                                    |                                                | $    | 325   |      | $
|                                                                               |                                                |      |       |      |  
|Earnings per share:                                                            |                                                |      |       |      |  
|                                                                               | Discontinued operations                        |      | $     | (.01 | )
|                                                                               | Gain on disposition of discontinued operations |      |       | .09  |  

Also
during the prior year, the Company formed a wholly owned subsidiary named United States Aluminum of Canada-Ontario, Ltd., which became a member of the Commercial Products Group. In
March 2000, the new subsidiary completed the $1,222,000 cash purchase of selected assets and liabilities of a Toronto, Ontario commercial storefront and curtain wall company. The $502,000
excess of the purchase price over the estimated fair value of the net assets was allocated to goodwill and is being amortized on a straight-line basis over 5 years. Proforma
information has not been presented, as it is not materially different from historical results.

During
the second quarter of fiscal 1999, International Window-Colorado, Inc., a member of the Residential Products Group, completed the $1,300,000 cash purchase of selected assets and
liabilities of a Denver, Colorado residential window and door company. The $574,000 excess of the purchase price
over the estimated fair value of the net assets was allocated to goodwill and is being amortized on a straight-line basis over 15 years.

Note 10. Income Taxes

The
components of income before United States and foreign income taxes are:

|         |  | 2001 |           | 2000 |   | 1999     
|-------- |  | ---- | --------- | ---- | - | ---------
|Domestic |  | $    | 6,495,000 |      | $ | 1,768,000
|Foreign  |  |      | 619,000   |      |   | 661,000  
|         |  |      |           |      |   |          
|         |  | $    | 7,114,000 |      | $ | 2,429,000
|         |  |      |           |      |   |          

17

---

The
provision for income taxes is comprised of the following:

|           |         | 2001 |           | 2000      |   | 1999   
|---------- | ------- | ---- | --------- | --------- | - | -------
|Current   |         |      |           |           |   |        
|           | Federal |      | $         | 1,857,000 |   | $      
|           | State   |      |           | 191,000   |   |        
|           | Foreign |      |           | 258,000   |   |        
|           |         |      |           |           |   |        
|           |         |      | 2,306,000 |           |   | 291,000
|           |         |      |           |           |   |        
|Deferred  |         |      |           |           |   |        
|           | Federal |      |           | 200,000   |   |        
|           | State   |      |           | (2,000    | ) |        
|           | Foreign |      |           | (24,000   | ) |        
|           |         |      |           |           |   |        
|           |         |      | 174,000   |           |   | 559,000
|           |         |      |           |           |   |        
|           |         | $    | 2,480,000 |           | $ | 850,000
|           |         |      |           |           |   |        

A
reconciliation between the provisions for income taxes, computed by applying the Federal statutory rate to income before taxes, and the book provisions for income taxes follows:

|                                       |                                                       | 2001 |           | 2000    |   | 1999    |         
|-------------------------------------- | ----------------------------------------------------- | ---- | --------- | ------- | - | ------- | --------
|Taxes on book income at statutory rate |                                                       | $    | 2,419,000 |         | $ | 826,000 |         
|Increases (decreases) resulting from:  |                                                       |      |           |         |   |         |         
|                                       | State income taxes, net of Federal income tax benefit |      |           | 125,000 |   |         | (81,000 
|                                       | Nondeductible goodwill                                |      |           | 22,000  |   |         | 143,000 
|                                       | Federal tax credits                                   |      |           | (94,000 | ) |         | (116,000
|                                       | Other                                                 |      |           | 8,000   |   |         | 78,000  
|                                       |                                                       |      |           |         |   |         |         
|Provision for income taxes             |                                                       | $    | 2,480,000 |         | $ | 850,000 |         
|                                       |                                                       |      |           |         |   |         |         

Deferred
income taxes result from temporary differences in the recognition of income and expenses for tax and financial statement purposes. The tax effects of the significant temporary differences
that comprise the deferred tax assets and liabilities at yearend are as follows:

|                              |                            | 2001 |           | 2000      |   |          
|----------------------------- | -------------------------- | ---- | --------- | --------- | - | ---------
|Inventory                     |                            | $    | 389,000   |           | $ | 371,000  
|Accrued liabilities           |                            |      | 855,000   |           |   | 730,000  
|Other                         |                            |      | 162,000   |           |   | 12,000   
|                              |                            |      |           |           |   |          
|                              | Net deferred tax asset     |      | $         | 1,406,000 |   | $        
|                              |                            |      |           |           |   |          
|Property, plant and equipment |                            | $    | 4,866,000 |           | $ | 4,390,000
|Other                         |                            |      | 186,000   |           |   | 195,000  
|                              |                            |      |           |           |   |          
|                              | Net deferred tax liability |      | $         | 5,052,000 |   | $        
|                              |                            |      |           |           |   |          

No
provision for U.S. taxes has been made for undistributed earnings of the foreign subsidiaries since it is expected that the major portion of such earnings will continue to be reinvested for an
indefinite period.

18

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Note 11. Segment Information

The
Company's operations are organized and managed by product type. The Company currently operates in three segments of the building products industry: Commercial Products, Residential Products and
Aluminum Extrusions. See Note 9 for information regarding the prior year sale of the
operating assets of the Glass Products segment. See the front cover for a description of the products of each segment and the back cover for a listing of the subsidiaries of each segment.

The
Company uses a portion of its aluminum extrusion production in its Commercial and Residential segments. Transfers are made at market prices. Accounting policies for the segments are the same as
those described in Note 1. The Company evaluates performance based on operating income or loss before any allocation of corporate overhead, interest or taxes.

The
following is significant financial information by operating segment, reconciling to the Company's totals.

|                   |                | Sales |         | Operating Income |  
|------------------ | -------------- | ----- | ------- | ---------------- | -
|
|Commercial         |                | $     | 114,822 |                  | $
|Residential        |                |       | 58,991  |                  |  
|Aluminum Extrusion |                |       | 91,860  |                  |  
|                   |                |       |         |                  |  
|                   | Total segments |       |         | 265,673          |  
|Eliminations       |                |       | (52,778 | )                |  
|Corporate          |                |       |        |                  |  
|                   |                |       |         |                  |  
|                   | Total          |       | $       | 212,895          |  
|                   |                |       |         |                  |  

|                   |  | Capital Expenditures |       | Depreciation and Amortization
|------------------ |  | -------------------- | ----- | -----------------------------
|
|Commercial         |  | $                    | 2,075 |                              
|Residential        |  |                      | 2,739 |                              
|Aluminum Extrusion |  |                      | 2,585 |                              
|Glass              |  |                      |      |                              
|                   |  |                      |       |                              
|Total segments     |  |                      | 7,399 |                              
|Corporate          |  |                      | 350   |                              
|                   |  |                      |       |                              
|Total              |  | $                    | 7,749 |                              
|                   |  |                      |       |                              

|                   |                | Total Assets |        |         |   |        |         |  |  | 
|------------------ | -------------- | ------------ | ------ | ------- | - | ------ | ------- |  |  | 
|
|Commercial         |                | $            | 66,994 |         | $ | 66,937 |         |  |  | 
|Residential        |                |              | 32,405 |         |   | 32,510 |         |  |  | 
|Aluminum Extrusion |                |              | 38,032 |         |   | 43,779 |         |  |  | 
|                   |                |              |        |         |   |        |         |  |  | 
|                   | Total segments |              |        | 137,431 |   |        | 143,226 |  |  | 
|Corporate          |                |              | 10,639 |         |   | 11,359 |         |  |  | 
|                   |                |              |        |         |   |        |         |  |  | 
|                   | Total          |              | $      | 148,070 |   | $      | 154,585 |  |  | 
|                   |                |              |        |         |   |        |         |  |  | 

19

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CORPORATE INFORMATION

|DIRECTORS                                                                                                                    |  | OFFICERS                                                                                                                       
|---------------------------------------------------------------------------------------------------------------------------- |  | -------------------------------------------------------------------------------------------------------------------------------
|Cornelius C. Vanderstar
Chairman of the Board
Chief Executive Officer                                                        |  | David C. Treinen
President; Secretary
Chief Operating Officer                                                                  
|David C. Treinen                                                                                                             |  | Ronald L. Rudy
Senior Vice PresidentOperations                                                                                
|David M. Antonini
Partner in White, Nelson & Co. LLP                                                                         |  | Mitchell K. Fogelman
Senior Vice PresidentFinance                                                                             
|John P. Cunningham
Retired President of
International Aluminum Corporation                                                   |  | Stanley M. Kutch
Vice PresidentInformation Systems                                                                            
|Alexander L. Dean
President of David Brooks Company                                                                          |  | Susan L. Leone
Vice PresidentHuman Resources                                                                                  
|Joel F. McIntyre
Attorney At Law                                                                                             |  |                                                                                                                                
|Kenneth D. Peterson, Jr.
Chief Executive Officer of
Columbia Ventures Corporation                                            |  |                                                                                                                                
|STOCK TRANSFER AGENT AND REGISTRAR                                                                                           |  | ELECTRONIC TRANSFER OF DIVIDENDS                                                                                               
|Continental Stock Transfer & Trust Company
2 Broadway
New York, NY 10004
(212) 509-4000
Internet at www.continentalstock.com |  | For information and forms, write to:
Corporate Secretary
International Aluminum Corporation
P. O. Box 6
Monterey Park, CA 91754
|STOCK EXCHANGE LISTINGS                                                                                                      |  | ANNUAL SHAREHOLDERS MEETING                                                                                                    
|The Company's common stock (trading symbol: IAL) is listed on the New York Stock Exchange and the Pacific Exchange           |  | 2 p.m., Thursday, October 25, 2001
International Aluminum Corporation
767 Monterey Pass Road
Monterey Park, CA 91754           

20

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SUBSIDIARIES BY SEGMENT

|COMMERCIAL (Exterior Products)                                                                                                         |  | RESIDENTIAL                                                                                                         
|-------------------------------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------------------------------------------------------------------------
|Douglas R. Ellerbrock
  Executive Vice President
  Commercial Products Group                                                           |  | George L. Hall
  Executive Vice President
  Residential Products Group                                              
|United States Aluminum Corporation
  Vernon, California                                                                                |  | International Window Corporation
  South Gate, California                                                           
|United States Aluminum Corporation-Illinois
  Bedford Park, Illinois
  Boston, Massachusetts
  Detroit, Michigan                       |  | International Window-Northern California
  Hayward, California
International Window-Arizona, Inc.
  Phoenix, Arizona
|United States Aluminum Corporation-Texas
  Waxahachie, Texas
  Denver, Colorado
  St. Louis, Missouri
  Dallas, Texas
  Houston, Texas |  | Maestro Products, Inc.
  Moreno Valley, California
International Window-Colorado, Inc.
  Denver, Colorado           
|United States Aluminum Corporation-Carolina
  Rock Hill, South Carolina
  Atlanta, Georgia
  Baltimore, Maryland                       |  |                                                                                                                     
|United States Aluminum of Canada-British Columbia, Ltd.
  Langley, British Columbia, Canada                                            |  |                                                                                                                     
|United States Aluminum of Canada-Ontario, Ltd.
  Burlington, Ontario, Canada                                                           |  |                                                                                                                     
|                                                                                                                                       |  | ALUMINUM EXTRUSION                                                                                                  
|COMMERCIAL (Interior Products)                                                                                                         |  | Robert Dunn
  Executive Vice President
  Aluminum Extrusion Group                                                   
|John C. Poe
  General Manager                                                                                                          |  | International Extrusion Corporation
  Alhambra, California                                                          
|Raco Interior Products, Inc.
  Houston, Texas
  Waxahachie, Texas                                                                      |  | International Extrusion Corporation-Texas
  Waxahachie, Texas                                                       

21

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|International Aluminum Corporation
767 Monterey Pass Road
Monterey Park, California 91754
|-----------------------------------------------------------------------------------------
|Tel:                                                                                     
|Fax:                                                                                     
|Web:                                                                                     

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